PGNiG records a net loss of PLN 120 mln in Q2

Polish state-controlled natural oil and gas company PGNiG reported a net loss of PLN 120 million in Q2 2016, compared to PLN 621 million net profit in Q2 2015, the company announced in a report. The company's operating profit stood at PLN 70 million, versus PLN 947 million one year before. Consolidated revenues came in at PLN 6.37 billion, while in Q2 2015 they amounted to PLN 7.89 billion. PGNiG has been listed on the Warsaw Stock Exchange since 2005.